Germany

Aviva trains sights on specialty lines

Aviva's new chief underwriting officer Axel Schmidt has revealed a wide-ranging plan to broaden its risk appetite by concentrating on areas it is currently under strength in, including local authority insurance.

XL boss bemoans 'heavy' Q1 catastrophe claims hit

XL Capital's property & casualty business's combined ratio slipped to 100.5% (Q1 2009: 92.1%) following what chief executive Mike McGavick described as "one of the heaviest levels of first quarter catastrophe activity in history".

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